Salem Media Group, Inc. Class A Common Stock
SALM
SALM was delisted on the 18th of January, 2024.
3 hedge funds and large institutions have $33.4K invested in Salem Media Group, Inc. Class A Common Stock in 2024 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 25 closing their positions.
89% less funds holding
Funds holding: 28 → 3 (-25)
96% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 25
97% less capital invested
Capital invested by funds: $1.08M → $33.4K (-$1.04M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$1.31K |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
+$65 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VA
Verdad Advisers
Boston,
Massachusetts
|
-$219K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$214K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$208K |
| 4 |
BlackRock
New York
|
-$95.5K |
| 5 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$79.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
US Bancorp
Minneapolis,
Minnesota
| – | -$30 | -78 | Closed |
|
27
JP Morgan Chase
New York
| – | -$8 | -21 | Closed |
|
28
Osaic Holdings
Scottsdale,
Arizona
| – | -$5 | -12 | Closed |
|
SALM Hedge Fund Activity: Q1 2024 in Review
3 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Salem Media Group, Inc. Class A Common Stock (SALM) for Q1 2024, worth a combined $33.4K — down 97% from $1.08M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of SALM and 1 opened new positions — a net loss of 24 holders — while 0 trimmed existing stakes and 1 added.
The largest buyer was Empowered Funds, adding an estimated $1.31K. The largest seller was Verdad Advisers, exiting entirely with an estimated $219K sold.
- 3 institutional investors held Salem Media Group, Inc. Class A Common Stock (SALM) as of Q1 2024, down from 28 in Q4 2023.
- Funds reported $33.4K of Salem Media Group, Inc. Class A Common Stock stock for Q1 2024, down 97% quarter-over-quarter.
- 1 fund opened new Salem Media Group, Inc. Class A Common Stock positions in Q1 2024 and 25 closed out, a net change of -24 holders.
- The largest Salem Media Group, Inc. Class A Common Stock buyer in Q1 2024 was Empowered Funds, an estimated $1.31K added.
- The largest Salem Media Group, Inc. Class A Common Stock seller in Q1 2024 was Verdad Advisers, an estimated $219K sold.
Based on aggregated 13F filings for Q1 2024.